9533 FM 1488 Rd | Magnolia, TX 77354
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- LoopNet Team
9533 FM 1488 Rd
Magnolia, TX 77354
Windcrest Village Square - Phase II · Retail Property For Sale
Investment Highlights
- Great opportunity for an investor to acquire a newly constructed 14,908 SF Class A shopping center on FM 1488 in high-growth Magnolia, Texas.
- New high quality tilt-wall construction Drive-Thru options
- Average household income of residents within a 5-mile radius of the subject property is $186,972.
- The property is 100% leased by a leading mix o successful national and regional tenants.
- All tenants are on long term triple net (NNN) leases providing a stable cashflow with rent increases.
- Located approximately 3 miles west of the FM 2978 & FM 1488 intersection.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,907 SF
Building Class
B
Year Built
2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.53 AC
Frontage
465 ft on Farm to Market Road 1488
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | 6791-05-37106 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,221,498 |
PROPERTY TAXES
Parcel Number
6791-05-37106
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,221,498
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